Foreign news: Santander goes crowdfunding
In what Finextra has claimed is a UK first, European major Santander has teamed up with the Crowdfunder platform, promising to match pledges given to social enterprises and community projects, allocating a £200,000 pot. This is not the first time that Santander has allied itself with the alternative finance world, Finextra notes, adding that the bank has also teamed up with Funding Circle, offering to refer its small business customers to the P2P lender.